SimoneMorello93
Long

The Strange Case of $BABA

NYSE:BABA   Alibaba Group Holdings Ltd.
Alibaba , even though is not included among companies that will directly benefit from Tax Cuts and Capital Repatriation, might follow the overall upward sentiment, without having to buy back its own shares, so to speak.

It is currently trading at a level that captures my attention. Coil is broke, range is opened.
Nice possible entry around the middle area of this last Daily Candle ( 180 ish ). The risk would be the low of that same candle meanwhile a realistic First PT would be right around 195 easy easy.

Let me know if you take it,
I am.
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